Bill Murphy of GATA Reveals Whistle-Blower in Gold Price Suppression youtube

Andrew McGuire whistle blower on market manipulation injured in hit and run
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Andrew McGuire, whistle-blower on market manipulation, injured in hit-and-run accident

Sat, 27 Mar 2010 19:04 EDT

Interesting turn of events.... TPTB are not happy. Its either they silence him now, or else things would get out of hand if this hits the mainstream media. Just imagine him being interviewed on all the independent newspapers. the only way he can save his life now is go viral with his message with the help of the gold bugs.

On March 25th at the CFTC Public Hearing on Precious Metals GATA made a dramatic revelation of a whistleblower source, Andrew Maguire, who has first hand evidence of gold and silver market manipulation by JPMorganChase and who has even tipped off the CFTC in advance of manipulative attacks on gold and silver. Just as in the Madoff case the regulator has done nothing to stop such manipulation.

On March 26th while out shopping with his wife, Mr. Maguire's car was hit by a car careening out of a side road. The driver of the vehicle then tried to escape. When a pedestrian eye-witness attempted to block the driver's escape he accelerated at him and would have hit him had the pedestrian not jumped out of the way. The car then hit two other cars in escaping. The driver was apprehended by the police after police helicopters were called in and following a high speed chase.

Andrew and his wife were hospitalized with minor injuries. They were discharged from hospital today and should make a full recovery.
Cheers
Adrian

Commodity Futures Trading Commission
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The Commission
The Commission consists of five Commissioners appointed by the President to serve staggered five-year terms. The President, with the consent of the United States Senate, designates one of the Commissioners to serve as Chairman. No more than three Commissioners at any one time may be from the same political party.

[edit] Commissioners
The five commissioners are:
Gary Gensler
Michael Dunn
Jill E. Sommers
Bart Chilton
Scott D. O'Malia

Billarys love affair with financiers an ongoing tale
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In addition, when Bill Clinton was president, his financial staff under Larry Summers would include Timothy Geithner and Gary Gensler. Now Summers is Barack Obama’s top economic advisor. Geithner, though he was found guilty of not paying $34 thousand self employment taxes while working for the International Monetary Fund (IMF) between 2001 and 2004, would go on to become President of The Federal Reserve Bank of New York. Geithner is now the Treasury Secretary of the United States. Gary Gensler, would go on to work at Goldman Sachs after Clinton, but now Gensler is chairman of the Commodities Futures Trading Commission, the agency which overseas derivatives trading which completely failed to regulate them.

Michael Dunn, Jill E. Sommers, Bart Chilton, Scott D. O'Malia and the Billarys
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FACTBOX-Profiles of CFTC commissioners on position limits
CFTC's trading proposals might not be too tough
Thu, Jan 14 2010 CFTC to push energy position limits at Jan 14 meet Thu, Jan 7 2010 UPDATE 3-Manipulation did not cause 2008 cotton spike-CFTCTue, Jan 5 2010 UPDATE 5-Dodd bill requires swap clearing unless exemptedTue, Nov 10 2009UPDATE 5-Obama wins first financial reform victory in months Thu, Oct 15 2009 TopicsRegulatory News »Bonds News »Bonds »Global Markets »Tue Jan 19, 2010 3:30pm EST

WASHINGTON, Jan 19 (Reuters) - The U.S. Commodity Futures
Trading Commission last week released its long-awaited proposal
to curb speculation in energy futures markets, but several of
its top officials expressed reservations that could make it
harder for the regulatory agency to finalize its plan. The measure is the first major regulatory reform for the
top U.S. futures market regulator, led by Chairman Gary
Gensler. [ID:nN14189109] Gensler, a Democrat, is one of five CFTC commissioners
appointed by the president. [ID:nN14156602] The commissioners
have released the plan for public comment, but must vote again
for the proposal to become final. [ID:nLDE60E12M] Here are profiles of the other four commissioners.
MICHAEL DUNN A Democrat first appointed to the CFTC in November 2004,
Dunn said last week he supported seeking public comment on the
position limit plan but had "serious reservations" about it. Without corresponding changes to over-the-counter
regulatory authority and similar undertakings by other nations'
regulators, Dunn said he feared the plan could make the energy
market less transparent by driving some traders into
unregulated markets or overseas to circumvent position limits. "My vote to release this proposed rule should in no way be
construed as an agreement with the opinions expressed in the
proposal or to the approach advocated in setting these proposed
position limits," he said. Dunn, a 65-year-old Iowan, chairs the CFTC's agricultural
advisory committee, which has been engaged in exploring
problems in wheat and cotton futures contracts. [ID:nN11381701]Dunn previously worked at the Farm Credit Administration and
was an agriculture undersecretary during the Clinton era,
heading USDA's rural development and agricultural marketing
wings. He was active in agricultural credit from the 1970s in
the U.S. Midwest.

JILL SOMMERS A Republican and Kansas native, Sommers was the only
commissioner to oppose releasing the plan for public comment.
Her concerns echoed those of fellow commissioner, Michael
Dunn. "I dissent from issuing the proposal," she said last week.
"While I wholeheartedly support efforts to enhance our
authority in this area, I am concerned that forging ahead with
federal limits in a piecemeal fashion is unwise." Sommers worked in the commodity futures and options
industry for most of her professional life before becoming a
commissioner in August 2007. She chairs the CFTC's advisory
committee on global markets. Sommers, 41, worked in the government affairs office of the
Chicago Mercantile Exchange and then as policy director for the
International Swaps and Derivatives Association before her
appointment to CFTC. Prior to that, she worked for two
agricultural consulting firms in Washington.
BART CHILTON Chilton, known for peppering his speeches with pop culture
references, has been a strong proponent of position limits. "This proposal strikes a reasonable balance," said Chilton,
who believes the proposed limits err on the high side. "Simply
put, it seeks to impose mandatory hard-cap position limits.
Doing so is not the mark of wild-eyed overzealous regulators.Chilton, 49, was the most vocal CFTC member in calling for
financial regulatory reform in early 2009 until Gensler,
arguably the CFTC's heavyweight, took office. A Democrat first appointed in 2007, Chilton helped lead
President Barack Obama's transition team for USDA. He was
deputy chief of staff for former Agriculture Secretary Dan
Glickman during the Clinton era and also worked on Capitol
Hill, including as an aide to the Senate majority leader.
SCOTT O'MALIA O'Malia, a Republican, is a former staffer on Capitol Hill
who worked on energy issues. The 42-year-old was confirmed in
October 2009. He said last week the proposed limits could result in less
U.S. regulatory oversight and asked if they were even
necessary. "The fact that the proposed position limits are modeled on
the agricultural commodities position limits forces us to
examine whether those agriculture limits were effective in
preventing the price spikes in 2007 and 2008. Despite federal
position limits, contracts such as wheat, corn, soybeans, and
cotton contracts were not spared record-setting price
increases," he said. O'Malia also spoke against excessive leverage and risky
trading practices during a September 2009 hearing.
(Sources: CFTC website, Reuters and Senate archives)
(Reporting by Washington commodities and energy team; Editing
by Walter Bagley)